On October 16, 2019, Khazar University and “PASHA Bank” OJSC signed a “Memorandum of Cooperation”. During the signing ceremony of the Memorandum, Associate Professor Irada Khalilova, Rector of the University, Dr. Ceyhun Mammadov, Dean of the School of Economics and Management, Jalal Orujov, Board Member of PASHA Bank, Chief Operating Officer, and Human Resources Business Partners Orkhan Aliyev and Afat Baghirova took part.

According to the Memorandum, the main purpose of the cooperation between the University and the Bank is the application of innovative achievements in education (science) and information technologies in business processes, joint implementation of the innovative activities in education and banking, joint interaction in the usage of the modern technologies and scientific development in education and banking services, co-organization and implementation of joint seminars, trainings, conferences and other educational activities in the field of education and banking services, establishment of stable relationships between the parties, particularly regarding the internship for the university students, etc.